A cryptocurrency investment firm says it is looking to double the impact of digital asset donations to fund election campaigns of crypto-friendly candidates.
Tushar Jain, co-founder of Multicoin Capital, revealed on social media platform X that the firm is supporting the Sentinel Action Fund, a conservative political action committee (PAC) that campaigns for crypto-friendly candidates.
According to Jain, Multicoin Capital will match up to $1 million in SOL donations to support the super PAC’s efforts.
“By building the framework for victory for (Senator candidates) Sam Brown, Dave McCormick, Bernie Moreno, and Tim Sheehy, we are adding four important voices to the Pro Crypto Army.
All of these candidates are qualified, dynamic, and ready to work with Bill Hagerty and Cynthia Lummis to promote cryptocurrency in the US Senate. If you donate SOL to the Sentinel Action Fund within the next 10 days, we will match your donation and double your impact.
Kyle Samani, Multicoin’s managing partner, said the company’s efforts are focused on empowering financial freedom and innovation in the United States.
“We recognize that political engagement is important and we are putting it into practice, and that starts with supporting candidates who believe that America should maintain the freedom to innovate.
By contributing, we are giving Sentinel Action the tools to increase the number of pro-crypto senators like Bill Hagerty, an innovator who understands and speaks our language. That means good legislation, good policy outcomes, and good agency candidates.
We need elected leaders who will protect the rights of millions of Americans to their cryptocurrency assets.”
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